The Biggest Ponzi Scheme on the Planet-The U.S. Government
"American Economic Exceptionalism Explained"  USAPonzi    Copyright Declaration     by John W. White   Mar 29, 2013

Rigged US Government-current
October 10, 2020


I am a whistleblower! The U.S. Government is corrupt!
The corrupt U.S. Government is not operating its fiscal policy according to Generally Accepted Accounting Principles (GAAP Accounting)! The corrupt U.S. Government is being run by common criminals that have committed a $154.9 Trillion crime by borrowing $154.9 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and giving it to the U.S. upper class!


The U.S. Government is rigged!


The U.S. Government is rigged to enrich the rich and cheat the unrich!


The U.S. Government is promising future benefits to the U.S. general public but is not taxing the U.S. upper class to pay for these promises!


The U.S. Government has been rigged because the U.S. Government is not using proper and Generally Accepted Accounting Principles (GAAP Accounting) to accrue the money pay for future benefit promises to the U.S. general public!


The U.S. Government is rigged to cheat the U.S. general public (by $127.9 Trillion so far)!


The U.S. Government is rigged to enrich the U.S. upper class (by $154.9 Trillion so far)!


The U.S. Government is lying to and cheating the U.S. general public by rigging its fiscal policy!


The U.S. Government is committing fiscal and accounting fraud in an attempt to conceal the rigging of the U.S. Government! The U.S. Government is operating its fiscal policy with Cash Accounting rather than the proper GAAP Accounting (Generally Accepted Accounting Principles)!


The U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that is fraudulently borrowing money from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them! I call this fraudulently borrowed money, currently $154.9 Trillion, imaginary-counterfeit money!


The U.S. Government has been rigged for more than 51 years! The U.S. Government has been cheating the U.S. general public for more than 51 years!


The U.S. Government is corrupt!


The corrupt U.S. Government is in the process of Printing an Infinite Amount of Counterfeit Money and giving it to the U.S. upper class by rigging its fiscal policy!


The corrupt U.S. Government has created the wealth and income gap by rigging its fiscal policy!


The corrupt U.S. Government has caused Global Warming by rigging its fiscal policy!


The corrupt U.S. Government is Destroying Planet Earth by rigging its fiscal policy!


The senior members of the U.S. Government are common criminals because they are direct financial beneficiaries of this U.S. Government fiscal and accounting fraud!


The corrupt and criminal U.S. Government fraudulently borrows on average $20.0 Billion every day in FY2021 from the future Americans to further enrich the U.S. upper class by rigging its fiscal policy!


The corrupt and criminal U.S. Government is running The Biggest Ponzi Scheme on the Planet to enrich the rich and cheat the unrich!

 

US National Debt   $27.0 Trillion  
Cash Deficit in FY2021   $3.16 Trillion  
*GAAP Deficit in FY2021   $7.30 Trillion  
US Unfunded Future Liabilities   $127.9 Trillion  
US Unfunded Liabilities (GAAP)   $154.9 Trillion  
Imaginary-Counterfeit Money   $154.9 Trillion  
US Total National Assets   $123.4 Trillion  

Source: www.usdebtclock.org October 10, 2020
*GAAP Deficit-current


This accounting fraud can only be equitably eliminated by the adoption of GAAP Accounting and a commitment to a balanced GAAP basis budget by the U.S. Government!


I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain this fraud and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon and can be downloaded from my www.usaponzi.net website.


John W. White

Plano, TX